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Becoming an Employer of Choice

Nearly every business prides itself on being an Employer of Choice, but we all know that isn’t the case. I’m sure the muckity-mucks at Radio Shack (owned by the Tandy Corp.) have spoken about being an “Employer of Choice” … but we know otherwise. In a recent BusinessWeek column (sub. req’d), Jack and Suzy Welch…

Nearly every business prides itself on being an Employer of Choice, but we all know that isn’t the case. I’m sure the muckity-mucks at Radio Shack (owned by the Tandy Corp.) have spoken about being an “Employer of Choice” … but we know otherwise.

In a recent BusinessWeek column (sub. req’d), Jack and Suzy Welch gave wise advice for companies wanting to become a preferred employer. Here’s the gist of their advice.


Setup: “… when you build a company where people really want to work, you’ve got your hands on one of the most powerful competitive advantages in the game: the ability to hire and field the best team.”

The Preferred Employer Checklist:

#1 | Preferred employers continuously offer their employees personal and professional growth opportunities from in-house leadership/educational seminars to outside training programs.

#2 | Preferred employers consistently appraise the performances of employees and reward accordingly with merit increases and promotions.

#3 | Preferred employers foster environments where employees are encouraged to take risks and be innovative even though they may fail.

#4 | Preferred employers are enlightened and respect the need to be diverse, globally aware, and sensitive to social matters.

#5 | Preferred employers have rigid criteria for hiring the right people. These companies know that when they hire the right person, they will in turn, will hire the right people.

#6 | Preferred employers are healthy businesses that are growing in size, stature, and profits.

SOURCE: BusinessWeek | “How to be a Talent Magnet” | Sept. 11, 2006